Air-India to go in for fog risk cover

For the first time in the Indian aviation history, an airline company is going to cover its losses occurred due to foggy conditions during the upcoming winter season.

National flag carrier Air-India has floated a tender for fog insurance seeking coverage from leading insurance companies which underwrite similar weather-related risks. Sources said, including public sector and private companies, over a dozen insurance majors had submitted their bid to Air-India.

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